I discussed this trade this morning in my morning Investing Strategy Notes.
The company announced yesterday after the close, stellar earnings results beating estimates on all fronts including growth in the domestic market. The trade war with China has not seemed to impact the earnings.
Nike Stock Outlook and Trade Details
Here is a short look at the stock and the start of what will be a larger trade.
This Nike Stock trade strategy article is for members.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.